Too Rich, Too Thin, Too Tall?

Ever taller, ever thinner, the new condo towers racing skyward in Midtown Manhattan are breaking records for everything, including price. Sold for $95 million, the 96th floor of 432 Park Avenue will be the highest residence in the Western world. As shadows creep across Central Park, Paul Goldberger looks at the construction, architecture, and marketing of these super-luxury aeries, gauging their effect on the city’s future.

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An aerial view of One57 and the shadow it casts over Central Park, dwarfing those of its neighbors.

The construction site of the new Extell tower, on 57th Street between Broadway and Seventh Avenue. The building will be cantilevered over its neighbor, the Art Students League, built in 1892, at right.